Streetbeat News

TVE

Tennessee Valley Authority PARRS A 2029

www.tva.com

Industry

Banks - Regional

Tennessee Valley Authority generates power from coal, nuclear, hydroelectric, natural gas, and renewable sources. Tennessee Valley Authority was founded in 1933 and is headquartered in Knoxville, Tennessee.

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Tennessee Valley Authority reported a Q2 2024 revenue of $5.919B, a slight decrease from $5.974B in the same quarter the previous year.

Portfolio Pulse from Benzinga Newsdesk

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Saudi Arabia and Russia have extended their crude oil production cuts until December, causing a surge in oil prices and related stocks. The Energy Select Sector SPDR Fund (NYSE:XLE), the SPDR S&P Oil & Gas Exploration and Production (NYSE:XOP), and the VanEck Oil Services ETF (NYSE:OIH) all experienced increases. Large-cap oil stocks Occidental Petroleum Corp. (NYSE:OXY), EOG Resources, Inc. (NYSE:EOG), and Exxon Mobil Corp. (NYSE:XOM) also saw increases. Stocks with the most potential upside include HighPeak Energy, Inc. (NYSE:HPK), Alliance Resource Partners, L.P. (NYSE:ARLP), and Tamarack Valley Energy Ltd. (NYSE:TVE).

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